Fund Details
Principal Personal Tax Saver Fund
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.54% |
| NAV | ₹245.97 (09 Apr 2021) |
|---|---|
| Fund Started | 31 Mar 1996 |
| Fund Size | ₹290 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.54%
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.6% |
| HDFC Bank Ltd. | Financial | Equity | 7.5% |
| Infosys Ltd. | Technology | Equity | 4.5% |
| Reliance Industries Ltd. | Energy | Equity | 4.2% |
| State Bank of India | Financial | Equity | 4.1% |
| Bharti Airtel Ltd. | Communication | Equity | 3.3% |
| Axis Bank Ltd. | Financial | Equity | 3.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.2% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.8% |
| Polycab India Ltd. | Engineering | Equity | 2.7% |
Fund Managers
Principal Personal Tax Saver Fund Details
Principal Personal Tax Saver Fund is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 31 Mar 1996. P V K Mohan is the Current Fund Manager of Principal Personal Tax Saver Fund fund.The fund currently has an Asset Under Management(AUM) of ₹290 Cr and the Latest NAV as of 09 Apr 2021 is ₹245.97.
The Principal Personal Tax Saver Fund is rated Very High risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme is due for redemption in 2006. The scheme seeks capital appreciation with at least 80 per cent exposure to equities, FCDs, preference shares and bonds of companies. The scheme can make investments in money market instruments up to 20 per cent. The scheme offers liquidity through repurchase at NAV.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
